The company reported standalone net profit of Rs 3.63 crore for the quarter ended December 31, 2024 as compared to Rs 3.11 crore in the same period last year, registering a year-on-year growth of 16.72 per cent.
Net revenue of the company rose three fold by 533.33 per cent at Rs 2.09 crore in October-December quarter of this fiscal as against Rs 0.33 crore in the corresponding period last year.
During October-December quarter, operating expenses increased by 89.12 per cent to Rs 2.78 crore from Rs 1.47 crore in year ago period.
Other Income grew by 3.40 per cent at Rs 4.56 crore versus (Dec'23 Rs 4.41 crore).
Operating Profit slipped by 39.47 per cent to Rs -0.69 crore as against Rs -1.14 crore in the year ago period, while Operating Profit Margin (OPM) expanded year-on-year to 90.51 per cent in December quarter.
Interest grew by 0.00 per cent y-o-y to Rs 0.15 crore, while Taxation decreased by 4900.00 per cent at Rs -0.48 crore (Dec'23 Rs 0.01 crore).